What are the causes of development of Tata Iron and steel industry?
Answers
Answer:
Tata Iron and Steel Company (TISCO) was founded by Jamshetji Tata and established by Dorabji Tata on 26 August 1907. TISCO started pig iron production in 1911 and began producing steel in 1912 as a branch of Jamshetji's Tata Group. The first steel ingot was manufactured on 16 February 1912.
Answer:
Tata Steel Limited, formerly Tata Iron and Steel Company Limited (TISCO), is an Indian multinational steel-making company based in Jamshedpur, Jharkhand, and is headquartered in Kolkata, West Bengal, India. It is a subsidiary of the Tata Group.
Explanation:
Government of India's focus on infrastructure and restarting road projects is aiding the demand for steel. Also, further likely acceleration in rural economy and infrastructure is expected to lead to growth in demand for steel.Jun 15, 2020